NOT LISTED FOR SALE

112 Prospect St Middletown, CT 06457

6 Beds
4 Baths
3,600 Sq Ft
6,534 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $265,000 $74 Per Sq Ft

4 Days on Market

Highlights

  • Partially Wooded Lot
  • Property is near shops and bus stop
  • Level Lot
  • No HOA
  • Baseboard Heating
  • 5-minute walk to Willie Pep Skateboard Park

About This Home

As of September 2020

A rare investment opportunity available now in Middletown. This well maintained and renovated multifamily home (4 individual units) is now available for purchase. Pride of ownership can be seen in this Middletown gem. Currently rented at $700 per unit however listing agent can provide potential buyers with rental comparisons showing similar units renting for $1000.00+ per month. This is the investment property you've been waiting for. Great location, solid exterior/siding, plenty of off street parking, newer mechanicals/routine preventative maintenance on mechanicals, open/flat yard and interior updates/renovations - make an appointment now and start BUILDING WEALTH with this OUTSTANDING INVESTMENT PROPERTY!!

Last Agent to Sell the Property

Sacha Armstrong

William Pitt Sotheby's International Realty License #RES.0804343 Listed on: 08/01/2020

Last Buyer's Agent

Mike Doherty

eXp Realty License #RES.0814339

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near shops and bus stop

Schools

  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,837

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2400
  • Public Record Living Room Sq Ft: 2400
  • Sq Ft Est Heated Below Grade: 1200
  • Total Sq Ft: 3600
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Library, Private Rec Facilities, Public Pool, Shopping/Mall, Tennis Courts, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4863
  • Tax Year Updated Dt: 08/01/2020
  • Directions: GPS friendly. You will pull up to back of the building
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full With Hatchway
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MX

Multi Family

  • Unit Count: 4
  • Total Multi Family: 18
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4837
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Assessor Parcel Number: 1003563

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Middletown

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $265,000 +3.9% $74 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $255,000 -- $71 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,408 $241,860 $44,630 $197,230
2024 $8,900 $241,860 $44,630 $197,230
2023 $8,489 $241,860 $44,630 $197,230
2022 $5,949 $135,210 $16,270 $118,940
2021 $4,815 $109,430 $16,270 $93,160
2020 $4,837 $109,430 $16,270 $93,160
2019 $4,859 $109,430 $16,270 $93,160
2018 $4,782 $109,430 $16,270 $93,160
2017 $5,503 $129,790 $33,320 $96,470
2016 $5,347 $129,790 $33,320 $96,470
2015 $5,140 $129,790 $33,320 $96,470
2014 $5,192 $129,790 $33,320 $96,470
Source: Public Records

Agents Affiliated with this Home

  • Sacha Armstrong

    Seller's Agent in 2020

    Sacha Armstrong

    William Pitt Sotheby's International Realty

    (860) 538-7778

    81 Total Sales

    Sacha Armstrong
    Section Image
  • Mike Doherty

    Buyer's Agent in 2020

    Mike Doherty

    eXp Realty

    (860) 941-9996

    125 Total Sales

    Mike Doherty
    Section Image
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Map

Source: SmartMLS

MLS Number: 170322565

SmartMLS
Connecticut Middlesex County Middletown 06457

112 Prospect St, Middletown, CT

Not Listed for Sale

MultiFamily

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